Gold futures increased in futures trade due to fresh positions on firm spot demand. August delivery up 0.17% at Rs 1,53,100 per 10 grams.
New Delhi, May 5 (PTI) Gold prices on Tuesday rose by Rs 254 to Rs 1,53,100 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher by Rs 254, or 0.17 per cent, at Rs 1,53,100 per 10 grams in a business turnover of 74 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.50 per cent to USD 4,544.62 per ounce in New York.
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